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Global Intelligent Emergency Response System and Infrastructure (IRIS) Market is expected to thrive at impressive CAGR by 2022 & Top Key Players are Honeywell, Bosch, Axis and Digital Acoustics

05-27-2019 02:36 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Kenneth Research

Global Intelligent Emergency Response System

Emergency situations such as terrorist attacks and earthquakes require immediate understanding and rapid institutional (governments, medicals responders) response to manage the ensuing chaos and prevent large scale damage. Intelligent emergency response systems leverage smart technology to fulfil this critical need efficiently. One practical function of such systems is the ability to send customized content (directions, survival guides, etc.) to a large set of audiences in a particular region.

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Market dynamics
Rapid growth in industries and verticals (such as energy & power, mining, etc.) which house high-personnel and contain sensitive equipment and materials is a major driver for the IRSI market. Apart from new industrial growth, the modernization of existing plants and commercial buildings in line with new regulations and industry standards is also a major driving factor. These developments are particularly expected to increase the usage of sensors in IRSI solutions.

Market segmentation
The important components for Global Intelligent Emergency Response System and Infrastructure market are sensors which accounts for 40.31% share and then followed by Detectors and Programmable Logic Controller (PLC).

IRSI is applied and encompasses multiple sectors, such as Gas, Oil and Power, defence, Mining and others. Along with them defence is another major growth segment in this intelligent emergency response system market due to very high need to upgrade or replace obsolete emergency response systems.

Geographic Analysis
North America has the largest market share of 34.23% in 2014 followed by Europe in usage of Global Intelligent Emergency Response Systems. United States, accounting for $9.38 billion in 2014, is the key region driving the North America IRSI market growth, owing to rising need for new standards and regulations to rejuvenate emergency response in the nations.

Shift in the focus of government towards advanced solutions with public-private partnerships and increasing penetration of advanced technological solutions in emergency situations is expected to drive Asia-Pacific region for the forecast period in increased usage of Global Intelligent Emergency Response Systems.

Opportunity
Emergence of Decision Support System (DSS), which is a data-driven information system that assists in decision making, with new features and models is expected to change the market dynamics for IRSI market. Integration of DSS with core IRSI functionality helps institutions in taking rational decisions in times of emergencies.

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https://www.kennethresearch.com/report-details/global-intelligent-emergency-response-system-and-infrastructure-iris-market/10065181

Key players
Some of the key players are:
Honeywell
Bosch
Axis
Digital Acoustics
AtHoc Inc.
Everbridge Inc.

Report Contents Regional Analysis Report Highlights

Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players

North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia and New Zealand
Rest of Asia Pacific
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa

This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage

About Kenneth Research:

Kenneth Research provides market research reports to different individuals, industries, associations and organizations with an aim of helping them to take prominent decisions. Our research library comprises of more than 10,000 research reports provided by more than 15 market research publishers across different industries. Our collection of market research solutions covers both macro level as well as micro level categories with relevant and suitable market research titles. As a global market research reselling firm, Kenneth Research provides significant analysis on various markets with pure business intelligence and consulting services on different industries across the globe. In addition to that, our internal research team always keep a track on the international and domestic market for any economic changes impacting the products’ demand, growth and opportunities for new and existing players.

Contact Us 

Kenneth Research
Email: Sales@kennethresearch.com
Phone: +1 313 462 0609

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